Research Reports

Key takeaways

Jeremy “Deke” Williamson ceased COO role effective March 4, 2026, with employment ending April 18, 2026.

Williamson receives 12 months base salary (~$361,500), accelerated vesting of 34,270 restricted shares and 49,736 PSUs, and 12 months COBRA.

Jay Voncannon ceased CFO role effective March 4, 2026, with employment ending April 18, 2026.

Voncannon receives accelerated vesting of 50,000 restricted shares and 18 months statutory COBRA.

Both executives signed general releases of claims in exchange for separation benefits.

Separation Agreements attached as Exhibits 10.1 (Williamson) and 10.2 (Voncannon).

Full analysis

The filing discloses the finalization of separation agreements for Arq, Inc.'s former COO Jeremy “Deke” Williamson and CFO Jay Voncannon, whose roles ended March 4, 2026, with employment continuing until April 18. Agreements became effective April 29 after revocation periods. Williamson's package includes substantial cash severance equivalent to one year of salary, significant equity acceleration including performance units tied to TSR performance, providing retention of value despite departure. Voncannon receives equity vesting and extended COBRA, reflecting standard termination benefits. Both include broad releases of claims, customary non-disclosure, and compliance with OWBPA. These arrangements signal orderly executive transitions with defined costs to shareholders via disclosed compensation.

ARQ · Arq, Inc.

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